Foreclosure offer pricing
What is the strategy on offer price for a foreclosure? We are interested in one.
The bank painted and carpeted but of course there are some neglect issues like the yard and front and back decks. Do you bid 70%, 80%? We will be super strong buyers (40% down, 780 credit, etc.) and high income compared to debt. We close on our current house in mid August so we could close quickly. So they care about that stuff?